Payout fees in the Dashboard

Payout fee support has been added to the Moov Dashboard. Accounts have the ability to pass on payout fees to recipients. Payout fee options provide customers a way to offer no or low cost standard ACH payouts alongside faster payout methods with higher fees. Recipients can choose their preferred payout method and associated fee to receive funds.

By default, merchants pay the fee, which is charged to the source's Moov wallet. If a recipient fee is added, the fee is deducted from the destination before the funds are delivered.

See the Dashboard payment link and transfers guides for more information.

Streamlined partner onboarding in the Dashboard

Partner accounts now provide more business information up-front during onboarding. This streamlines the communication process between partner accounts and Moov support to enable production accounts.

Bug fixes

• Fixes an issue in the Dashboard in which declined invites were still appearing